Wood Group wins Premier Oil contract

Wood Group, the FTSE 250 enineering firm, has been awarded a major North Sea contract by Premier Oil to deliver integrated operations and maintenance support services to the Balmoral floating production vessel.

Wood Group, the FTSE 250 enineering firm, has been awarded a major North Sea contract by Premier Oil to deliver integrated operations and maintenance support services to the Balmoral floating production vessel.

The contract, estimated to be worth around £250m, will see Wood Group provide managed onshore and offshore operations and maintenance services to the Balmoral. The award to Wood Group is a life of field work scope, currently estimated to run until 2020.

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